Ferris Corp.wants to increase its current ratio from the present level of 1.5 when it closes the books next week.The action of __________ will have the desired effect.
A)payment of current payables from cash
B)sales of current marketable securities for cash
C)write-down of impaired assets
D)delay of next payroll

Question

Quizplus · Accepted Answer

The Answer of Ferris Corp.wants to increase its current ratio from the present level of 1.5 when it closes the books next week.The action of __________ will have the desired effect.
A)payment of current payables from cash
B)sales of current marketable securities for cash
C)write-down of impaired assets
D)delay of next payroll